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Kymberly Martin
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USD weakens on easing of post-election surge. NZD also rising strongly against the GBP. Kiwi breaks through 200-day average
13th Jan 17, 8:43am
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USD weakens on easing of post-election surge. NZD also rising strongly against the GBP. Kiwi breaks through 200-day average
Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
13th Jan 17, 8:25am
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Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
12th Jan 17, 8:02am
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
12th Jan 17, 7:56am
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'
11th Jan 17, 8:17am
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
11th Jan 17, 8:04am
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
10th Jan 17, 8:33am
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
Both the Kiwi and Aussie gain as data and news from most other majors fails to enthuse currency markets. GBP one of the weakest
10th Jan 17, 8:27am
Both the Kiwi and Aussie gain as data and news from most other majors fails to enthuse currency markets. GBP one of the weakest
Renewed US wage pressure raises prospects of more Fed hikes, and a stronger USD. Kiwi dollar hit but the AUD retains more strength
9th Jan 17, 7:34am
Renewed US wage pressure raises prospects of more Fed hikes, and a stronger USD. Kiwi dollar hit but the AUD retains more strength
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
9th Jan 17, 7:27am
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
Fed dot point projections surprise bond markets, with loud echo in local wholesale rates. Markets see RBA turning to hiking in 2018
16th Dec 16, 8:04am
Fed dot point projections surprise bond markets, with loud echo in local wholesale rates. Markets see RBA turning to hiking in 2018
All major currencies trade lower against the USD post FOMC announcements; NZDUSD breaks below the 0.7068 resistance level; AUD recovered some losses due to stronger employment report; EURUSD at lowest level since January 2003
16th Dec 16, 8:01am
All major currencies trade lower against the USD post FOMC announcements; NZDUSD breaks below the 0.7068 resistance level; AUD recovered some losses due to stronger employment report; EURUSD at lowest level since January 2003
CAD and NOK underperform as WTI oil down 1.5%; GBP one fo the strongest performers, gains 0.4% against the USD; AUD and NZD both trade higher since last evening, NZD pushing back to 0.7230
15th Dec 16, 8:47am
CAD and NOK underperform as WTI oil down 1.5%; GBP one fo the strongest performers, gains 0.4% against the USD; AUD and NZD both trade higher since last evening, NZD pushing back to 0.7230
Demand for NZBG and LGFA bonds high. Eyes on AU emplloyment report. German yields drift lower
15th Dec 16, 8:43am
Demand for NZBG and LGFA bonds high. Eyes on AU emplloyment report. German yields drift lower
NZ swap and bond yields down 1bps; strong demand expected at NZDMO and LGFA tenders this week; German yields down 5bps, with US-German spreads at 212bps
14th Dec 16, 8:08am
NZ swap and bond yields down 1bps; strong demand expected at NZDMO and LGFA tenders this week; German yields down 5bps, with US-German spreads at 212bps
NZD sits just above 0.7200, looks for direction from USD moves; equity markets up again, S&P500 extends gain for the year to more than 11%; oil prices consolidate as WTI trades just below USD53/barrel
14th Dec 16, 7:55am
NZD sits just above 0.7200, looks for direction from USD moves; equity markets up again, S&P500 extends gain for the year to more than 11%; oil prices consolidate as WTI trades just below USD53/barrel
Rate curves may steepen even further as the 2-10 rises to as much as +125 bps. International rates push to top of recent ranges, encouraged by oil price moves
13th Dec 16, 8:05am
Rate curves may steepen even further as the 2-10 rises to as much as +125 bps. International rates push to top of recent ranges, encouraged by oil price moves
USD retreats to Friday's levels alongside US yields; GBP strongest performer, up 0.9%; NZD/USD trades up to the 0.7200 level
13th Dec 16, 8:03am
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USD retreats to Friday's levels alongside US yields; GBP strongest performer, up 0.9%; NZD/USD trades up to the 0.7200 level
USD up against all major peers, except CAD; JPY weakest performer, NZD JPY at highest level since January; S&P gains record new highs, up 3.1% for the week; WTI oil price up 1.3%
12th Dec 16, 8:08am
USD up against all major peers, except CAD; JPY weakest performer, NZD JPY at highest level since January; S&P gains record new highs, up 3.1% for the week; WTI oil price up 1.3%
Investors positioned for higher yields. China PPI surprises with very high price jumps. Expect further steepening pressure on the NZ curve today
12th Dec 16, 7:44am
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Investors positioned for higher yields. China PPI surprises with very high price jumps. Expect further steepening pressure on the NZ curve today
Short end yields anchored; NZ and German 10yr yields up; UST 10yr trades sideways; NZ swap curve expected to steepen further next year
7th Dec 16, 8:15am
Short end yields anchored; NZ and German 10yr yields up; UST 10yr trades sideways; NZ swap curve expected to steepen further next year
NZD trades at 0.7120 after volatility yesterday afternoon; EUR/USD down on Merkel comments; AUD/NZD faces firm resistance at 0.9600 level
7th Dec 16, 7:40am
NZD trades at 0.7120 after volatility yesterday afternoon; EUR/USD down on Merkel comments; AUD/NZD faces firm resistance at 0.9600 level
NZ stabilises after Key resignation; European currencies outperform; RBA meeting and AU GDP results awaited
6th Dec 16, 8:06am
NZ stabilises after Key resignation; European currencies outperform; RBA meeting and AU GDP results awaited
Long end rates feel the pressure, led by softer UST 10yr weakness. Overnight data saw a brief boost in yields but key rates have now drifted lower
6th Dec 16, 8:05am
Long end rates feel the pressure, led by softer UST 10yr weakness. Overnight data saw a brief boost in yields but key rates have now drifted lower
NZD lower against USD & AUD; 'Oil-linked' currencies outperform; GBP remains sensitive to Brexit news
2nd Dec 16, 8:34am
NZD lower against USD & AUD; 'Oil-linked' currencies outperform; GBP remains sensitive to Brexit news